https://x.com/nhannahjones/status/1791919012500136016
How?
— Ida Bae Wells (@nhannahjones) May 18, 2024
Pulitzer-winning creator of 1619 Project doesn't understand how investing money can create jobs
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How can someone study the history of the slave trade and yet have such a poor gasp of investments? Even on Jane Austen novels there were characters with shares on West-Indies plantations providing some extra income
!historychads
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She's r-slurred at everything except grifting.
The least deserved Pulitzers going to blacks, istg
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The grifting may have been done for her -- she might just be r-slurred and genuinely think she's smarter than everyone she's ever met
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She certainly does, but that's common for DEI grifters. They just need to rephrase their thought process from 'I deserve everything I want' into 'we deserve everything we want'. They get their personal reparations, all criticism becomes about their minority group not them, all they have to do is never forget to use the royal we.
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the average networth of single black woman in america is $5
I dont think they ever give it much thought
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Bro this can't be true
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It's actually black women aged 36-49, which idk is worse
https://www.theatlantic.com/national/archive/2010/03/study-finds-median-wealth-for-single-black-women-at-5/37395/
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It's honestly impressive how openly r-slurred she is, and proud of it.
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No, the rich sit on their wealth in gold coins like the dragon in The Hobbit.
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average upper middle class home
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1. Invest money hoping that it turns into more money
2. Company hires profitable worker
3. Worker generates revenue for company
4. Capital is returned to investor
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Even I, stupid as I am, remember that bit from The Simpsons: "Money can be exchanged for goods and services". A business is doing well and would like to expand, but it hasn't enough money on its own to do that. It can borrow money from the banks, but if people come along and invest their money - that is, give money to the owners in exchange for a share of the business - this also works. Now the business can afford to hire on new people, expand its premises and make more goods to sell. Selling more things means more profit. Some of that profit goes to the investors, who can then decide to keep investing that money in other businesses.
Does this mean I'm smarter than a Pulitzer Prize winner?
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Yes
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oh answer me then, which one has the greater multiplier effect, MPC or MPI?
she's right !commenters
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"A liberal is a conservative who has been arrested."
Snapshots:
https://x.com/nhannahjones/status/1791919012500136016:
ghostarchive.org
archive.org
archive.ph (click to archive)
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